AHMAD HARMOUCH AS: årsregnskap 2022 vs 2021
Shrank 93% on revenue, cash halved-plus
approved 2023-06-15; registry 2023-06-24; journal 2023 498817
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for AHMAD HARMOUCH AS. Revenue 68.52m NOK → 4.72m NOK (-93.1%). Net result -282.4k NOK → -338.7k NOK. Equity 1.11m NOK → 769.3k NOK.
On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: sharp cash drawdown; cogs fell; headcount (årsverk) changed. All figures are taken from the published annual accounts for AHMAD HARMOUCH AS.
At a glance
Scorecard
What improved
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↑
Payroll decreased
Salary cost 3.96m NOK → 2.38m NOK (6% → 50% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 68.52m NOK to 4.72m NOK (-93.1% YoY). Calculated
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↓
Operating result weakened
Operating result -348.2k NOK → -352.2k NOK (op. margin -0.5% → -7.5%). Calculated
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↓
Net result weakened
Net result -282.4k NOK → -338.7k NOK (net margin -0.4% → -7.2%). Calculated
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↓
Equity eroded
Book equity 1.11m NOK → 769.3k NOK (equity ratio 17.6% → 95.1%). Calculated
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↓
Cash fell
Bank deposits 2.29m NOK → 149.3k NOK (-93.5% YoY). Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (2.29m NOK → 149.3k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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·
COGS fell
COGS / varekostnad 58.01m NOK → 3.99m NOK (-93.1% YoY). Calculated
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·
Headcount (årsverk) changed
Reported FTEs 10 → 0. Reported fact